**The premise**: Supose we are at a point in the future in where “the Merge” has occured, ETH is no longer minable, and you have to decide what to do with all your GPU processing power. Would you sell your hardware? Would you mine other coins? What would happen to ETH?
I’m curious what would the people do.
**My take**: I feel like “the Merge” would let down a lot of miners who wouldn’t want to keep their ETH anymore. More over, keeping your ETH would be risky, since such a change would lead to market fluctuation. But what if there’s another minable coin with potential marketability that even if every ETH miner started mining it, we wouldn’t reach the point where it is no longer profitable to mine it for at least 4 years. Moreover, what if all ETH miners exchange their ETH for that coin, making it way more valuable, becoming a global movement, and letting the world know that thousands, if not millions of people are betting on this coin over ETH. That would probably reduce the value of ETH drastically while increasing the value of this new coin, along with its “prestige”, making us all miners a bit more wealthy.
But… would we be at the starting point again? A new popular minable coin with a PoW that contributes to global warming? Funny how every other industry contributes to global warming, but thanks to their legal & marketing teams, and their relationship with governments, we don’t even hear about them. Might it also be because governments/conventional media doesn’t like the “decentralization” concept? Maybe the ETH organization doesn’t like the concept either. PoW is part of the “decentralization”, if you implement Prove of Stake, you’ll just be acting like public companies do. Who holds the most amount of shares gets the most amount of rewards. And moreover, if you don’t hold a sufficient amount of shares, you don’t even get rewards (!?). Where did the “decentralization” go? Any thoughts on this?
**Disclaimer**: This is an imagination/speculation exercise/discussion, you shouldn’t take anyone’s input seriously, including mine. Have some fun, express yourself, enjoy the thread!